SOLSTAD NORD BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

7,73 %

Current Ratio

2,97

Debt-to-Equity Ratio

1,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	673 000	647 000	647 000	627 000
Net Income	173 000	235 000	250 000	180 000
Total Assets	6 391 000	6 313 000	6 314 000	6 170 000
Total Equity	2 237 000	2 065 000	1 830 000	1 580 000

Income (NOK)	2022	2021	2020	2019
Revenue	673 000	647 000	647 000	627 000
Expenditure	355 000	285 000	272 000	302 000
Operating Profit	232 000	276 000	304 000	257 000
Financial Income	0	0	0	1 000
Financial Costs	60 000	42 000	55 000	78 000
Financial Balance	−60 000	−42 000	−55 000	−77 000
Earnings Before Tax	258 000	320 000	320 000	249 000
Tax	0	0	0	0
Net Income	173 000	235 000	250 000	180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 967 000	5 967 000	5 967 000	5 967 000
Total Current Assets	424 000	346 000	347 000	203 000
Total Assets	6 391 000	6 313 000	6 314 000	6 170 000
Total Retained Equity	2 236 000	2 064 000	1 829 000	1 579 000
Total Equity	2 237 000	2 065 000	1 830 000	1 580 000
Total Long-Term Debt	4 011 000	4 193 000	4 376 000	4 543 000
Total Current Debt	143 000	55 000	108 000	46 000
Total Equity and Debt	6 391 000	6 313 000	6 314 000	6 170 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	673 000	647 000	647 000	627 000
Other Income	0	0	0	0
Revenue	673 000	647 000	647 000	627 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	17 000	12 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	355 000	285 000	272 000	302 000
Operating Profit	232 000	276 000	304 000	257 000
Financial Income	0	0	0	1 000
Financial Costs	60 000	42 000	55 000	78 000
Financial Balance	−60 000	−42 000	−55 000	−77 000
Dividends	0	0	0	0
Net Income	173 000	235 000	250 000	180 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 967 000	5 967 000	5 967 000	5 967 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 967 000	5 967 000	5 967 000	5 967 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 967 000	5 967 000	5 967 000	5 967 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	424 000	346 000	347 000	203 000
Total Current Assets	424 000	346 000	347 000	203 000
Total Assets	6 391 000	6 313 000	6 314 000	6 170 000
Total Equity	2 237 000	2 065 000	1 830 000	1 580 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 011 000	4 193 000	4 376 000	4 543 000
Creditors	140 000	53 000	106 000	43 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	2 000	2 000	3 000
Total Current Debt	143 000	55 000	108 000	46 000
Total Equity and Debt	6 391 000	6 313 000	6 314 000	6 170 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,73 %	11,38 %	13,66 %	11,39 %
Debt-to-Equity Ratio	1,79	2,03	2,39	2,88
Operating Profit Margin	34,47 %	42,66 %	46,99 %	40,99 %
Current Ratio	2,97	6,29	3,21	4,41
Quick Ratio	2,97	6,29	3,21	4,41
Equity Ratio	0,35	0,33	0,29	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %